FX –-USD/JPY month end fixing flows, mixed to slightly weaker US data’s, rumoured Swiss interventions & Fujii comments (Japan is aiming for domestic led growth - as opposed to export led - and would not be raising JPY issue at G7) dominated within 89.35-40 to 89.80-85 o/n, it first dipped to 89.65-70 then bounced with Japanese name smacking eurusd & broadly recovering $ amid weaker regional stock mkts, taking it back to 90.00-05 in Asia, it needs to hold above 89.35-00 & recover past 90.40-70 to test 91.00-40 or 91.65-92.05 failure risking setback to 88.70-20 or 88.00, support 89.35/89.15 & 88.70 res 90.40/90.70 & 91.00–EURYEN chopped within 130.60-65 to 132.00-05 o/n, it traded to 131.75-80 highs then tumbled with eursud to 131.05-10 in Asia, it needs to hold above 130.60 & recover past 132.10 to challenge 132.85-133.40 or 134.00, failure risking setback to 130.00-129.80 or 129.60-30, support 130.60/130.00 & 129.80 res 132.10/132.85 & 133.40-YEN/CHF rose from 1.1480-90 to 1.1630-40 before stalling o/n, it traded within 1.1500-10 to 1.1570-80 in Asia, while above 1.15 mkt targets 1.1650-1.1750 failure risking setback to 1.14-1.13, support 1.1500/1.1450 & 1.1400 res 1.1630/1.1660 & 1.1750
